Merrill Boosts Retirement Focus, Promotes 2 Managers
A new group, led by Kirsten Hill and reporting to David Tyrie, aims to enhance Merrill Clear.
Top 7 Richest Stadium Naming Deals by Financial Services Firms
Stadiums and arenas used to be named to match the owners’ outsize egos or for some geographic locale or noble idea that resonated with fans—Comiskey Park, Candlestick Park, Boston Garden. Many are now named to match the owners’ growing thirst for cash.
Annuity Industry Had Volatile Year in 2010
The annuity industry was marked by volatility in 2010, a report released Friday by SNL Financial found.
Sale of Securities America: Advisors Should ‘Run,’ Recruiter Says
Advisors with the IBD, which Ameriprise is selling, need to look at which options are best for them and their clients.
IRI-Morningstar: VA Carriers Limited Fee Changes in Q3 Due to Slow Economy
Fee changes in the variable annuity market dropped by half in Q3 as carriers held costs steady in light of the nation’s persistently slow economic recovery, IRI-Morningstar said.
Annuitize Your Long Term Care Business
We recently looked into the burgeoning market for "combination" life insurance products that come with a long term care component. That was only half...
Editor's Choice for the Week of February 8, 2010: Obama Meets on Economy, While Budget and Trade Deficits Are Reported
What's happening this week.
Shares rise for insurance co.'s following TARP approval
Six major insurance companies reportedly received preliminary approval Thursday from the Department of the Treasury to participate in the Troubled Asset Relief Program. Both Hartford Financial...
Life insurers cope with fourth-quarter losses
U.S. life insurers are being hit by charges to boost reserves for variable annuity equity market guarantees, according to Reuters news service. Principal Financial, Lincoln National...
Life insurance weathers the storm
In the middle of a financial storm, words like "strong" or "stable" are sorely missed. But they seem to be flowing descriptions about the life...